Woodside Energy (US:WDS) Zhong Guo Hua Gong Bao·2025-10-17 04:02Group 1 - The CEO of Woodside Energy, Meg O'Neill, stated that the company's low-carbon ammonia project will gain a competitive advantage under the EU's Carbon Border Adjustment Mechanism (CBAM) [1] - The CBAM aims to create a fair competitive environment by imposing costs on high-carbon industries, which will significantly impact sectors such as fertilizers, hydrogen, cement, steel, aluminum, and electricity [1] - Currently, the CBAM is in a transitional phase requiring importers to report emissions data without financial penalties, with full implementation expected to start on January 1, 2026 [1] Group 2 - Woodside plans to expand into the US and European markets initially, focusing on Europe and Asia after the deployment of carbon capture and storage (CCS) technology [2] - The ultimate goal of the company is to promote low-carbon ammonia as a fuel for power generation and shipping, particularly in the Asian market [2] - Woodside is participating in multiple procurement processes as Japan, South Korea, and Singapore work to establish low-carbon ammonia supply chains [2]